Karnataka signs Rs 22,000 crore MoUs with 7 companies in Davos meeting

Amazon Reaches $2 Trillion in Stock Market Value

Amazon Reaches $2 Trillion , in Stock Market Value. On June 26, Amazon became the 5th American company to join the $2 trillion club, NPR reports. . Amazon shares ended the day up nearly 4%, giving the company a $2.01 trillion stock market valuation. . Within the past year, Amazon's stock has gained 52%. Part of that gain can be attributed to investors' enthusiasm about the company's AI endeavors, NPR reports. . A big part of the valuation boost has been cloud and AI. Amazon is going to be a major player in the AI revolution, Dan Ives, Wedbush tech analyst, via NPR. Amazon currently has a chatbot called Q, which businesses that use AWS have access to. . Amazon currently has a chatbot called Q, which businesses that use AWS have access to. . Amazon CEO Andy Jassy recently said that AI has rejuvenated the growth of AWS. The cloud computing unit is reportedly on pace to bring in $100 billion in annual revenue. Amazon recently invested in Anthropic, a California AI company, "to develop so-called foundation models that underpin generative AI systems," NPR reports. . Amazon also makes its own AI chips. The other four U.S. companies that belong to the $2 trillion club are Google, Microsoft, Apple and Nvidia. . The other four U.S. companies that belong to the $2 trillion club are Google, Microsoft, Apple and Nvidia. . The other four U.S. companies that belong to the $2 trillion club are Google, Microsoft, Apple and Nvidia. . The other four U.S. companies that belong to the $2 trillion club are Google, Microsoft, Apple and Nvidia.

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Microsoft Announces New Surface PCs With AI Chips

Microsoft Announces , New Surface PCs With AI Chips. On May 20, Microsoft announced that it will be releasing a Surface Laptop and Surface Pro tablet with Qualcomm AI chips, CNBC reports. . On May 20, Microsoft announced that it will be releasing a Surface Laptop and Surface Pro tablet with Qualcomm AI chips, CNBC reports. . Qualcomm's Arm-based chips deliver longer battery life. Other computer makers such as Dell, HP, Acer and more are also debuting AI-ready PCs that will offer Microsoft's Copilot AI chatbot. PCs equipped with AMD and Intel chips that adopt the Copilot+ standard will be released at a later date, Microsoft said. . PCs equipped with AMD and Intel chips that adopt the Copilot+ standard will be released at a later date, Microsoft said. . Copilot+ computers will begin at $999. Pre-orders are currently being accepted. . The devices will be available in June. The new offering comes almost four months after Microsoft CEO Satya Nadella said on an earnings call that "in 2024, AI will become a first-class part of every PC." . The new offering comes almost four months after Microsoft CEO Satya Nadella said on an earnings call that "in 2024, AI will become a first-class part of every PC." . On May 20, Microsoft shares closed at $425.34, up 1.2%. Qualcomm increased 2% to $197.76, a record close